Kigali International Financial Centre (KIFC) on Tuesday June 16, gained a new partner following the signing of a partnership agreement with CDC Group, the UK's development finance institution and impact investor.
The agreement signed virtually among other things provides for KIFC to gain expertise that will help shape a strong legal and regulatory framework from CDC Group's expertise to support the ongoing development of the new international financial centre.
The deal is aimed at facilitating the actualization of the Kigali International Financial Centre, a project working to reform the financial services sector overseen by the Rwanda Finance Limited.
Kigali will also benefit by tapping into CDC Group's network of partners such as international investors, international financial intuitions, ecosystem players such as reputable law firms, reputable development banks, and reputable VC firms among others.
The partnership which was also signed virtually seeks to promote best practices, through which CFC will support the development of the Financial International Center of Kigali (KIFC).
